Browsing: Upbit news

Solare (SXP) trading is currently under the spotlight as Upbit, South Korea’s leading cryptocurrency exchange, emphasizes the importance of cautious trading due to concerns surrounding the asset.This designation is part of ongoing updates in the crypto trading news landscape, particularly influenced by the member companies of the Digital Asset Exchange Association (DAXA).

In a significant move for blockchain security, Upbit has recently frozen approximately $1.77 million in damaged assets to safeguard digital assets and maintain trust within the crypto community.The asset freeze, reported by Odaily Planet Daily, follows the detection of suspicious fund movements, prompting the platform’s operator, Dunamu, to employ a sophisticated on-chain tracking system for further investigation.

In an exciting turn for users, Upbit Deposit and Withdrawal Resumption is set to take place on December 1, 2025, marking a significant milestone for the South Korean cryptocurrency exchange.This phased restoration comes after a period of heightened security measures, addressing vulnerabilities that arose following a security breach.